I have received a cheque from customer and i deposited into
the bank next 4-5 days cheque has been bounced by the bank.
Pls tell me what is reverce entry in the tally for cheque
bounced and which option i will enter in journal or payment
entry.
Salary . is it direct exp or indrect exp.
- 9 Answers
- 58266 Views
- Prime Focus, I also Faced
- E-Mail Answers
Answer Posted / akhila .t.p
Salary is an indirect expense and wages is a direct expense.That's why wages shown on the debit side of the trading a/c, and salary shown on the debit side of the p/l a/c.
| Is This Answer Correct ? | 15 Yes | 0 No |
Post New Answer View All Answers
When Tds is applicable to deduct and wht is rate for different work panel?
calculations of pf
where to show Preliminary expenses except "Statement of changes in working capital" in Fund flow statement?
Ledger Enteries
purchase return liability or asset?should it be included in the balanced sheet?
Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?
What is process of Vendor Reconciliation and which items will be Add and Less from ad per customer books likes step by step 1-Credit Note shown in vendor a/c but not booked in our a/c- Add or Less 2-Debit Note not shown in vendor a/c but booked in our a/c - Add or Less 3-Invoices not booked in our a/c but shown in vendor a/c- Add or Less 4-Payment booked in our books but not shown vendor- Add or Less If our balance is plus or minus rules is same. like 20000, (-20000) Sir, Provide your mobile n for clarify
what are the steps for the payment cycle of the firm or company?
What is the dual aspect concept?
How will I post entries to Tally If I purchased a Car in Loan. The principal Amount = 62930 Interest = 6846 Total = 69776 We have to pay Rs 1191 every month for 4 years which include Principle amount and interest. how can I post the monthly entries to tally
What is Time capital
Explain under what type of account does the unearned revenues fall?
Is the shadow balance present in bank account always credited or bank may reverse it as well?
Explain the term account payable?
what single discount is to2 successive discount of 10%& 15%
